Impact Analysis of China's Agricultural Foreign Investment on the Food Security of RCEP Countries
Food security is an important issue of both national economy and people's livelihood.Its discussion is becoming more intense under the close connection of the global economy.China's global influence continues to expand as a result of the RCEP,and this has new implications for the food security of RCEP countries.Based on panel data from RCEP countries from 2004 to 2019,this study constructed a comprehensive indicator system for food security of RCEP countries using principal component analysis.The relationship between food security of RCEP countries and China's agricultural foreign investment was studied using the least squares method and fixed effects model.Through pulse response analysis,whether these effects have changed over time were investigated in order to explore the impact of China's agricultural foreign investment on the food security of RCEP countries.The research found that:(l)Overall,agricultural production value and annual growth rate of rural population had positive impacts on food security in RCEP countries.From a single country perspective,China's agricultural foreign investment,cultivated land area,agricultural production value,and trade openness were positively correlated with the food security of RCEP countries.(2)Food security of RCEP countries had positive response on the impact of arable land area,agricultural production value,rural population growth rate and negative response on the impact of China's foreign investment.